Real Estate Board Predicts ‘Policy Ceiling’ Will Curb Toronto Homes Prices

TAMSIN MCMAHON – REAL ESTATE REPORTER The Globe and Mail Published Monday, Jan. 18, 2016 9:46AM EST Last updated Monday, Jan. 18, 2016 6:29PM EST New federal mortgage rules are creating a “policy ceiling” that will curb Toronto’s soaring house prices this year, measures that would be partly offset by another Bank of Canada rate […]

Modern Family Realtor Team Hits $5 Million in Sales in June

MFR Real Estate Update – June 2016 Modern Family Realtor Team Hits $5 Million Record in June June has been a hot month both in the weather and the activity of the growing Modern Family Team. In summary we have had 6 happy buyers and 2 happy sellers with sales over $5 Million. To celebrate […]

Average Price of a GTA Home Up More Than $100,000 in a Year

House prices in April were 16.2% higher than in April 2015, according to the Toronto Real Estate Board. The average sale price for Toronto area homes last month was $739,082, more than $100,000 higher than the average of $636,094 in April 2015, reflecting a demand for higher priced properties, said the Toronto Real Estate Board.  (CARLOS […]